@Arslan_Jutt (Crypto Eagle): It’s time to start our 3rd AMA of today. So without wasting any further time, Let’s welcome today’s guest, @thehakusan from the core team of Huku swap. @thehakusan Hello mate
@thehakusan (Haku Swap): Hello Arslan! Thank you for having me
@Arslan_Jutt (Crypto Eagle): Here is your 1st Question of the very first segment.
Firstly, please introduce yourself with us.What’s your role in HAKU SWAP and also introduce your team with us?
@thehakusan (Haku Swap): Hello everyone in the Crypto Eagles 🦅 Community!
I am Hakusan, the CEO and Founder of Hakuswap.com! Our team is comprised of a number of professional developers, marketers, community managers, and seasoned Defi traders.
🚀 My Role within the project is the CEO and Founder of HakuSwap. I have an extensive background in Finance, Entrepreneurship, and Team Building, having worked on many defi projects prior to HakuSwap creating tens of millions in value for token holders.
All of our team have worked on a number of projects in the past. 🚀 We know how to build safe and high yielding investments for the Defi community.
@Arslan_Jutt (Crypto Eagle): Phenomenal Mate 🙂 Glad to know about you & your entire journey as well as your team. 🤝Move towards our next question.
2: Now please tell us about your project “HAKU SWAP” What was the initial thoughts and motives behind this project?
@thehakusan (Haku Swap): Hakuswap is a brand new DEX AMM on the Avalanche Blockchain!
🤑We offer the lowest fees with the highest possible APRS!
We have the best features to ensure our community has a great experience with swapping and earning at Hakuswap.com!
💪Our exchange combines the best features from Pancakeswap, Spookyswap, and Trader Joe to give investors low fee swaps, fee sharing with our xHAKU staking pool, NFTs, Metaverse, Virtual Real Estate, NFT staking, and more!
We’re also implementing some quality of life features to Hakuswap like a FREE token multi sender. Need to send a token to 20 addresses? Our multisender can do it for you for FREE!
We’re also working to integrate anyswap into our dex to allow users to bridge in and out of avalanche EASILY with super low fees and fast execution
Be sure to join our Telegram: https://t.me/hakuswap!
You can learn more about Hakuswap by reading our docs or hanging out in our Telegram!
Docs: https://docs.hakuswap.com/
We saw that there wasn’t an NFT and metaverse focused DEX on AVAX and we wanted to change that! So here we are :)
@Arslan_Jutt (Crypto Eagle): Its means many interesting things are on the way. And no doubt NFTs are the future of this Era. 🔥🔥 Here is your next question of this session.
3: I have read a feature on your website that you will support new projects on HAKU SWAP. Most of the DEX lack this features. Can you please tell us more about this feature?
@thehakusan (Haku Swap): Of course! Partnerships are critical to a success of an exchange. 😁
We have an deep business development team that is in communication with nearly every major project on the Avalanche community.
👨🌾Be on the look out for new farms, staking pools, and trading competitions coming to Hakuswap!
As a DEX we are built to support our partner projects liquidity, APR, and development. We are fully committed to growing the Avalanche ecosystem.
If you’re a project be sure to apply with our partnership application so we can open a farm, trade mining, and a staking pool with you!
👉https://docs.google.com/forms/d/e/1FAIpQLSePw9y_LsviBJTPSMH2rTXfMb4LD7c0TSdtwY1KHZRTgXdJJw/viewform
@Arslan_Jutt (Crypto Eagle): 4: Please share complete Tokenomics of your native token of your DEX with its distribution and use cases?
@thehakusan (Haku Swap): First lets discuss use cases.
📈One of the best features at Hakuswap is our staking program called xHAKU. Here HAKU can be staked to xHAKU earn 25% of all the trading revenue from Hakuswap automatically.
How it works is this: Every time a user trades they are charged a low swap fee of only 0.2%. 0.1% of the swap fee is rewarded back to the liquidity providers, 0.05% of the swap fee is collected for the Hakuswap Treasury to fund operations, and 0.05% is reserved for xHAKU.
One or 2 times daily the 0.05% from the swap fee is collected and used to market buy HAKU!
This market purchased HAKU is done automatically with our smart contracts
Along with the continuous market purchases of HAKU through the swap fees there is a 30 day waiting period to unstake from xHAKU to HAKU. You can unstake at any time but if it’s done within 30 days a 4% fee is assessed.
🔥2% of the withdraw is burned
👨👩👦👦2% of the withdraw is shared back with xHAKU
This will incentivize long term xHAKU holding. We envision 70% of the circulating supply to be locked with xHAKU very soon. 🚀
We’ll also be added a number of features to buy and burn HAKU with our NFT market place, Meta Verse, Virtual Real Estate, and other features we add down the road.
Hakuswap has 100,000,000 total tokens emitted fully after 4 years. Our tokenomics are unique as there is an automatic emissions reduction of 5% per month for 4 years! Emissions start around 2.1 HAKU per second and will reduce to 0.268 HAKU per second on the last month.
70% of the tokens are reserved for Liquidity rewards such as farming, trade mining, nft staking, and xHAKU staking over 4 years.
22% of tokens are reserved for ecosystem rewards and this vests along side the farming rewards over 4 years.
8% of tokens are reserved for the team and these vest over 8 months
One of the great features is our trade mining! This means you get PAID to swap at Hakuswap! Each swap will pay you a bit of HAKU depending on the size of the trade 💪
@Arslan_Jutt (Crypto Eagle): Awesome stuff, 😎 Here is your last question.
5: What are your aims in next 2 years according to your roadmap? What if I ask you what is the ultimate goal of HAKU swap?
@thehakusan (Haku Swap):
You can check our road map here: https://docs.hakuswap.com/roadmap
We are building some very exciting play to earn games on Avalanche. This also includes virtual real estate, loot boxes, battles, and so much more. Hakuswap will become the top DEX on Avalanche very quickly 😁
@Arslan_Jutt (Crypto Eagle): We have successfully completed our first session, now it’s time to hear some live community stuff.
I will unmute group with timer of 10 seconds between each text to avoid so many questions.
Live Telegram Community questions
CQ1. Since NFT is popular nowadays, is there a plan for NFT integration?
@thehakusan (Haku Swap): Yes our entire exchange will be built around nfts and play to earn 😉
CQ2. Hello sir…💖💖💖💖🔥
Do you have a AUDIT certificates? Or are you working to AUDIT Your project, so that the security of the project becomes more secure and reliable? Thanks Sir
@thehakusan (Haku Swap): Yes we are fully audited. We had all of our contracts audited prior to release 🔥Hash0x, our auditor, stated that all of our contracts are “Well-Secured” which is their highest rating
You can view the audit report here: https://docs.hakuswap.com/audits
CQ3. How will “#HakuSwap” standout from the digital world and how your innovation will attract people to buy/invest considering people already invested a lot of their money in other NFTs such as axie, Mobox, etc? Also, are we going to expect a more exciting Play to Earn model?
@thehakusan (Haku Swap): We are going to kick off our exchange with a liquidity generation event on Monday Jan 17th!
The HAKU token sale starts at 5 PM UTC on January 17th which is this Monday.
🚀 HAKU Token Sale
The HAKU token comes to Avalanche on January 17th at 5 PM UTC ONLY at the Hakuswap.com Token Sale Launchpad!
✅Sale Price: $0.40 USDC
✅Raised in USDC
✅Per Wallet Cap: $5000
✅1,250,000 HAKU for Sale (1.25% of HAKU)
✅$500,000 USDC Hard Cap
✅First Come First Serve
✅The sale is open for 12 hours or until sold out
✅$500,000 initial HAKU-AVAX liquidity
Get ready for the sale here: https://hakuswap.com/iho
625,000 HAKU will be added with $250,000 of AVAX to kickstart the HAKU-AVAX liquidity and ensure sufficient liquidity for swapping.
More information can also be found on our blog https://hakuswap.medium.com/introducing-hakuswap-avalanches-best-dex-amm-with-the-lowest-fees-and-the-highest-aprs-346afd66db57
CQ4. Are you afraid some day there will be another project with more innovative technology can replace your project ?
@thehakusan (Haku Swap): You can always keep building :)
CQ5. ❤️❤️❤️❤️❤️❤️❤️
1. Telegram Group✅
2. YouTube channel ✅
3. Medium✅
4. Website✅
5. Twitter✅
6. Discord✅
You can share with us the link for your project in all these projects???🌹🌹🌹
@thehakusan (Haku Swap):
1. https://t.me/hakuswap
2. https://www.youtube.com/channel/UCvrWwD4cJzzNt3rrCd1wctQ
3. https://hakuswap.medium.com/
4. https://hakuswap.com/
5. https://twitter.com/hakuswap
6. Coming soon :)
@Arslan_Jutt (Crypto Eagle): Thank you for answering the questions so satisfactorily.
Now it’s time to hear some Twitter Questions.. @thehakusan are u ready mate?
@thehakusan (Haku Swap): Can I share a giveaway first? 😉
@Arslan_Jutt (Crypto Eagle): Sure mate 😊
@thehakusan (Haku Swap): $1,000 GIVEAWAY!!
Please join. There’s a good chance you’ll win! 🚀
https://twitter.com/HakuSwap/status/1480788359190622210?s=20
Okay twitter questions now :)
@Arslan_Jutt (Crypto Eagle): Guys don’t miss this massive opportunity, thank you.
Alright man 🙂
Q1. Unlike other AMM decentralized exchanges on Avalanche your recommended swap route is AVAX not USDT or BTC. Why is it so? What benefits you provide to users and AVAX.
Tg:@Serra099
@thehakusan (Haku Swap): AVAX gives the deepest liquidity and we wanted to ensure that our traders and investors have the best possible trading experience with the lowest possible slippage to save them money!
@Arslan_Jutt (Crypto Eagle): Q2. One of the weaknesses of DEX AMM is that it lacks the quality of control of tokens. What solution does Haku Swap provide to this problem? How does Haku Swap rate the quality of the token? How do you ensure that there is no phishing token in Haku Swap?
Tg:@Protonnn11
@thehakusan (Haku Swap): We have an extensive onboarding process to ensure that only top tier projects are show cased to our community.
Our dev team will review their code, we ask for contract audits, we do a tokenomics and economic review, and we assess the overall quality of the project. If their project is up to par, we can allocate them an incentivized farm and trade mining.
One of the features of a DEX like Hakuswap is that anyone can deploy and add a token to the exchange but only approved partners will be show cased
@Arslan_Jutt (Crypto Eagle): Q3. DEX-related issues are poor liquidity infrastructure, unattractive trading interface, poor customer support. From a technical point of view, does Haku Swap have a long-term solution to problems? What are Haku Swap built to solve problems?
Tg:@MuhammadUsman07
@thehakusan (Haku Swap): We have a tried and tested UI that nearly every defi investor in familiar with :) We don’t think they’ll be an issue.
Our mod team covers 24/7 so we always have someone to help
Hakuswap is built for success
@Arslan_Jutt (Crypto Eagle): Reasonable Answer 🔥
Q4. How can a person list his token on the HakuSwap exchange?
Where to contact you?
What’s the procedure?
How and which liquidity pool should create?
TG:@SilentMove1
@thehakusan (Haku Swap): Any one can list any token at Hakuswap for trading!
If you want to list a token for incentives and official partnerships then please use this link to apply: https://docs.google.com/forms/d/e/1FAIpQLSePw9y_LsviBJTPSMH2rTXfMb4LD7c0TSdtwY1KHZRTgXdJJw/viewform
One of our team members will reach out within 24 hours to start the onboarding and assessment process
@Arslan_Jutt (Crypto Eagle): Here is the last question of the last segment.
What mining activities are active in @HakuSwap ? How to participate in private funding deals through mining activity on your platform? Can anyone qualify to participate with a funding deal?
Tg @formanite602
@thehakusan (Haku Swap): So the first activity you can participate in is the HakuSwap HAKU liquidity generation token sale event on Monday!
We are going to kick off our exchange with a liquidity generation event on Monday Jan 17th!
The HAKU token sale starts at 5 PM UTC on January 17th which is this Monday.
🚀 HAKU Token Sale
The HAKU token comes to Avalanche on January 17th at 5 PM UTC ONLY at the Hakuswap.com Token Sale Launchpad!
✅Sale Price: $0.40 USDC
✅Raised in USDC
✅Per Wallet Cap: $5000
✅1,250,000 HAKU for Sale (1.25% of HAKU)
✅$500,000 USDC Hard Cap
✅First Come First Serve
✅The sale is open for 12 hours or until sold out
✅$500,000 initial HAKU-AVAX liquidity
Get ready for the sale here: https://hakuswap.com/iho
625,000 HAKU will be added with $250,000 of AVAX to kickstart the HAKU-AVAX liquidity and ensure sufficient liquidity for swapping.
More information can also be found on our blog https://hakuswap.medium.com/introducing-hakuswap-avalanches-best-dex-amm-with-the-lowest-fees-and-the-highest-aprs-346afd66db57
You can also add liquidity to hakuswap to earn HAKU! you can trade to earn HAKU. and you can stake NFTS and play our play to earn games to earn HAKU!
@Arslan_Jutt (Crypto Eagle): @thehakusan Thank you so much for giving us your precious time.
